Business
Auditor for Dasmond Koh’s NoonTalk Media flags going concern doubts amid net losses
The group incurred a net loss of nearly S$1.8 million and has net liabilities of S$396,000 The independent auditor for Catalist-listed…
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Business
Business
Auditor for Dasmond Koh’s NoonTalk Media flags firm’s ability to continue as a going concern amid losses
The group incurs a net loss of nearly S$1.8 million and has net liabilities of S$396,000 The independent auditor for Catalist-listed…
Business
Asia: Stocks rise as traders weigh China-US row, rate cut hopes
ASIAN equities edged up on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal…
Business
Indonesia sovereign wealth fund INA to trim exposure to infrastructure
Indonesia Investment Authority, one of the country’s two sovereign wealth funds, is looking to reduce its heavy reliance on infrastructure…
Business
Industrial property developer Soon Hock Enterprise closes 0.9% below IPO price in mainboard debut
Industrial property developer Soon Hock Enterprise debuted on the mainboard of the Singapore Exchange (SGX) on Thursday (Oct 16), and…
Business
Hyundai pivots to hybrids as it unveils US$5 billion India plan
The move comes as the automotive industry has moved away from ambitious targets for EV sales outside of China, following a hybrid-oriented…
Business
Gold hits record high as investors turn to safe haven
Investors anticipate a near-certain 25-basis-point rate cut at this month’s US Federal Reserve meeting, followed by another in December…
Business
Food Innovators turns profitable one year after Catalist debut
Restaurant operator Food Innovators announced on Wednesday (Oct 15) that it turned profitable for its first half of 2026 ended August, a…
Business
Food Innovators is back in the black, posts a ‘modest’ H1 profit of S$200,000
The Japanese restaurant operator sank into the red for its latest financial year ended Feb 28, 2025, after its Catalist debut in October…
Business
Stocks to watch: SIA Group, Jardine C&C, Aztech Global, Q&M Dental, Food Innovators
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 16): SIA Group: Passenger…
Business
Johnson & Johnson baby powder: Thousands sue company alleging it hid talcum powder cancer risks
A major legal claim has been filed in the UK against pharmaceutical giant Johnson & Johnson, accusing the firm of knowingly selling baby…
Business
Paxos mistakenly issues US$300 trillion of PayPal stablecoin
Stablecoin issuer Paxos said that it mistakenly minted US$300 trillion of PayPal Holdings’ PYUSD stablecoin on Wednesday (Oct 15) before…
Business
G7 set to discuss joint response to China curbs on rare earths
The latest spat between the world’s two largest economies has rattled markets in recent days Finance chiefs from the Group of Seven (G7)…
Business
SGX launches Indonesia depository receipts featuring blue-chip listcos
The bourse, which currently has 26 depository receipts listed, plans to expand its offerings to include Vietnam companies next year Local…
Business
Chelsea 2-1 Paris FC: Alyssa Thompson 'a real bright spark' but best 'is still to come'
Chelsea's dominant victory over Paris FC was lit up by the newest member of their attack, Alyssa Thompson, who traversed the Stamford…
Business
Is Keppel Reit’s deal Down Under a good move?
Prime office landlord may continue diversifying geographically and across real estate asset classes to expand its portfolio Unitholders of…
Business
United sees demand ‘strengthening’ as profits edge lower
UNITED Airlines reported a slight dip in profits on Wednesday as operating expenses ticked higher, adding that a strengthening demand…
Business
US: S&P 500 ends higher after strong bank earnings, chip stocks rally
THE S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors…
Business
The 3 personalities of AI adoption
“We are fully committed to AI adoption,” the CEO told me, proud of the company’s recent employee training initiatives. “But is AI just…
Business
HPE annual profit forecast misses estimate on margin crunch
The company is dealing with tighter margins in part due to building servers with expensive AI chips that have made the machines less…
Business
Europe: Stocks end higher as LVMH drives luxury rally
EUROPEAN stocks closed higher on Wednesday as France’s LVMH sparked a rally in luxury goods groups and eased concerns that slowing global…
Business
Why Walmart will track its merchandise with millions of sensors starting this year
Walmart will be putting millions of sensors on its pallets across its supply chain chain, in a move that technology partner Wiliot is…
Business
Following LVMH, Luxury Sector Shares Move Higher
The luxury world often looks to LVMH Moët Hennessy Louis Vuitton for guidance, reading tea leaves in the powerhouse company’s results for…
Business
BlackRock, Nvidia-backed group buys Aligned Data Centers for $40 billion
An investor group including BlackRock, Microsoft, and Nvidia is buying one of the world’s biggest data center operators with nearly 80…